The sell-off has increased a hundredfold; Strategy's forced selling of BTC has failed to stem the bleeding.

Author: Nancy, PANews

A little over a month ago, Strategy first tested the waters by selling 32 BTC. Although the scale was insignificant, both Bitcoin and MSTR stock prices plummeted. Now, Strategy has struck again, selling 3,588 BTC at a loss of over $55 million, a hundredfold increase in the scale of the sale, yet the market reaction has been much milder.

In fact, facing an annual dividend bill of over $1.7 billion and a slowing flywheel of share issuance and financing, this largest Bitcoin investor in the world is bidding farewell to the era of "only buying and never selling" and shifting to a defensive phase prioritizing cash flow and liquidity.

In fact, facing an annual dividend bill of over $1.7 billion and a runaway flywheel of share issuance and financing, this largest Bitcoin investor in the world is bidding farewell to the era of "only buying and never selling" and shifting to a defensive phase prioritizing cash flow and liquidity.